ElectricVehicle Giant Xiaomi Releases First EV SU7, Undercutting Tesla – Orders Start Thursday

Beijing, China – Chinese smartphone giant Xiaomi is making a bold entry into the electric vehicle market, set to unveil its first electric car, the Speed Ultra 7 (SU7), and begin accepting orders this week. The CEO, Lei Jun, revealed that the SU7 will be priced below 500,000 yuan, marking Xiaomi’s venture into the competitive realm dominated by players such as Tesla and BYD. As global sales growth of electric vehicles slows down, Xiaomi plans …

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Hybrids: The Surging Choice for Electric-Vehicle Hesitant Shoppers

Los Angeles, CA – As the automotive industry continues to evolve, a noticeable shift in consumer preferences is emerging. With the rise of electric vehicles (EVs), some shoppers are exhibiting hesitation while hybrid car sales are experiencing a surge in popularity. Hybrids, which offer a combination of traditional gasoline engines and electric power, have become a favored choice among consumers seeking a balance between sustainability and convenience. In a market where EVs were once anticipated …

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